On 5 December 2025, the UAE introduced Shary, the country’s first fully digital escrow service for vehicle transfers, developed by SlashData in partnership with the Integrated Transport Centre (ITC). This new platform aims to simplify and secure car resale and ownership transfers across the Emirates, marking a major step in the push for digitalisation of mobility and public services.
Key Features of Shary
Secure, Fully Digital Transactions
Shary enables buyers and sellers to complete the entire resale process online, from payment to title transfer, with no cash handling or paperwork. Funds are held in a secure escrow account until both parties confirm completion, significantly lowering the risk of fraud and ensuring full transparency.
Government‑Integrated Compliance & Transparency
The service is built in cooperation with TAMM (the UAE government services platform) and the Abu Dhabi Police, ensuring that every transaction follows federal licensing regulations. Users receive real‑time tracking and notifications, offering clarity and legal assurance for both buyer and seller.
Convenience & User‑friendly Experience
With Shary, there’s no need to visit service centres or handle cash. The entire process becomes paperless and automated, saving time and reducing friction. According to SlashData’s CEO, this solution sets a new standard for secure vehicle resale in the UAE.
Quick Snapshot
| Feature | Details |
| Service Name | Shary |
| Type | Fully digital escrow service for vehicle ownership transfers |
| Key Integrations | ITC, TAMM, Abu Dhabi Police |
| Benefits | Secure payments, escrow protection, transparency, paperless transfer, and real‑time tracking |
| Launch Date | 5 December 2025 |
Key Highlights
- First fully digital escrow service for vehicle transfers in the UAE
- Eliminates cash handling and paperwork for car resale
- Provides escrow protection: funds are released only after ownership transfer confirmation
- Government‑backed and compliant with licensing authorities
- Offers a seamless, trackable, and secure online process
- Strengthens trust and transparency in the UAE used-car market and supports broader digital transformation goals
Why It Matters
Shary is a significant milestone for the UAE’s auto and fintech ecosystem. For the first time, car buyers and sellers have access to a safe, regulated, and fully online escrow platform, reducing scams and building market confidence. This aligns with the UAE’s broader strategy to digitalise public services and modernise vehicle ownership transfer procedures.
For full official details, see the ITC digital vehicle‑transfer announcement, or read more through the SlashData–ITC partnership press release.
Also, you can visit if you like and get info from Fintechnews Middle East coverage of Shary.
Closing Summary
With Shary now live, vehicle resale in the UAE becomes easier, safer, and fully digital. This platform not only simplifies transactions but also raises the bar for trust and transparency in the used-car market. For anyone buying or selling a car in the Emirates, Shary offers a modern, reliable, and compliant solution, ushering in a new era of secure car transfers. For readers looking to understand the step-by-step process of vehicle ownership transfer in the UAE, check out our detailed guide on how to transfer car ownership in UAE.
